OTTAWA (Reuters) – Canada set out on Thursday C$11.3 billion ($8.2 billion) in new spending this year and next, and…
Factbox-Highlights from Canada government’s fall economic statement
OTTAWA (Reuters) – Below are some of the key proposals and takeaways from the annual fall economic statement unveiled by…
Banks raise Fed terminal rate forecasts after Powell’s hawkish tone
By Caroline Valetkevitch NEW YORK (Reuters) – Investors and strategists are ramping up expectations for how much the Federal Reserve…
Moderna COVID vaccine sales forecasts fall short for 2022, 2023
By Manas Mishra and Michael Erman (Reuters) -Moderna Inc on Thursday cut its 2022 COVID-19 vaccine sales forecast, citing regulatory…
EU in talks with U.S. over new IRA law trade issues
BERLIN (Reuters) – The United States is possibly discriminating against European companies through its new Inflation Reduction Act (IRA) law,…
Dollar firms after hawkish Fed as sterling sinks; focus on U.S. jobs
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar gained against major currencies on Thursday after Federal Reserve Chair Jerome…
Kroger, Albertsons unions, antitrust experts urge FTC to block merger -letter
By Siddharth Cavale NEW YORK (Reuters) -Kroger Co’s acquisition of Albertsons Companies Inc could exacerbate income inequality through job losses…
U.S. EPA considering expanding Midwest E15 gasoline sales -sources
By Stephanie Kelly and Jarrett Renshaw NEW YORK (Reuters) – The U.S. Environmental Protection Agency plans to seek public comment…
Peloton forecasts weak holiday-quarter revenue, flags risk to cash flow goal
By Kannaki Deka (Reuters) -Peloton Interactive Inc on Thursday forecast holiday-quarter revenue below estimates and the fitness equipment maker warned…
Pirelli hikes 2022 sales goal, sees uncertainty ahead
By Federico Maccioni MILAN (Reuters) -Italian tyremaker Pirelli on Thursday lifted its 2022 sales guidance while forecasting volatile market conditions…